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Corporate power and social policy in a global economyBritish welfare under the influence$
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Kevin Farnsworth

Print publication date: 2004

Print ISBN-13: 9781861344748

Published to Policy Press Scholarship Online: March 2012

DOI: 10.1332/policypress/9781861344748.001.0001

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Introduction: globalisation, corporate power and social policies

Introduction: globalisation, corporate power and social policies

(p.1) One Introduction: globalisation, corporate power and social policies
Corporate power and social policy in a global economy

Kevin Farnsworth

Policy Press

Interest in the power and influence of business is probably higher today than at any time in the past. Academics, journalists and political activists warn of the grave dangers posed to nations and their citizens by large corporations; governments regularly remind their citizens of the policy pressures they face from business under conditions of global competitiveness; and transnational corporations use, with increasing regularity, the threat of taking their investments elsewhere should national policies contravene their interests. While questions regarding the opinions and influences of business have been raised with increasing frequency, few studies have investigated these issues in any detail. This chapter examines business influence on social policy; the variables and scope of this book; the theoretical framework; business power and influence on social policy; structural power and social policy; and corporate agency and social policy with regard to business opinion, business action, and business influence.

Keywords:   social policy, business power, structural power, business opinion, corporate agency

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